Common use of Delegation by the Administrator Clause in Contracts

Delegation by the Administrator. The Administrator may delegate any or all of its obligations hereunder to any one or more entities or persons; provided, however, that the Administrator shall not make any such delegation unless the Trustees of the Fund shall have approved such delegation; and provided, further, that, unless the Fund otherwise expressly agrees in writing, the Administrator shall be as fully responsible to the Fund for the acts and omissions of the entity or person to whom the Administrator has made such delegation as it would be for its own acts or omissions.

Delegation by the Administrator. The Administrator may delegate any or all of its obligations hereunder to any one or more entities or persons; providedPROVIDED, howeverHOWEVER, that the Administrator shall not make any such delegation unless the Trustees of the Fund Trust shall have approved such delegation; and providedPROVIDED, furtherFURTHER, that, unless the Fund Portfolio otherwise expressly agrees in writing, the Administrator shall be as fully responsible to the Fund Portfolio for the acts and omissions of the entity or person to whom the Administrator has made such delegation as it would be for its own acts or omissions.

Delegation by the Administrator. The Administrator may delegate any or all of its obligations hereunder to any one or more entities or persons; providedPROVIDED, howeverHOWEVER, that the Administrator shall not make any such delegation unless the Trustees Directors of the Fund shall have approved such delegation; and providedPROVIDED, furtherFURTHER, that, unless the Fund otherwise expressly agrees in writing, the Administrator shall be as fully responsible to the Fund for the acts and omissions of the entity or person to whom the Administrator has made such delegation as it would be for its own acts or omissions.

Delegation by the Administrator. The Administrator may delegate any or all of its obligations hereunder to any one or more entities or persons; providedPROVIDED, howeverHOWEVER, that the Administrator shall not make any such delegation unless the Trustees of the Fund Trust shall have approved such delegation; and providedPROVIDED, furtherFURTHER, that, unless the Fund each Portfolio otherwise expressly agrees in writing, the Administrator shall be as fully responsible to the Fund each Portfolio for the acts and omissions of the entity or person to whom the Administrator has made such delegation as it would be for its own acts or omissions.